Bungaba is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 88, the suburb has a mature demographic with a median age of 51. Households earn a median income of $75K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Bungaba is $610,000, having dropped significantly 17% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Bungaba offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($610K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved -17.0% year-on-year.
Bungaba is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 88, the suburb has a mature demographic with a median age of 51. Households earn a median income of $75K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Bungaba is $610,000, having dropped significantly 17% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Bungaba offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($610K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved -17.0% year-on-year.